The S&P 500 index makes a new high. Numerous divergences exist. The market continues higher, rendering those divergences meaningless. Eventually, there is a short-lived correction. The S&P 500 retests its prior high on a …
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Market breadth is a topic with its own library of literature. Books from a century ago by stock market operators mention the importance of market breadth. Here’s an excerpt from Justin Mamis’ 1991 book, The Nature …
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